Breast Implant Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2029

Breast Implant Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2019 to 2029
Breast implants market to value over USD 2.4 Billion by 2029 end and register a
CAGR of over 6% from 2019 to 2029.
Mounting consciousness about physical appearance as well as technological
advancements has helped the global breast implant market to grow. Breast implants
are employed to augment the shape and size of breasts. Due to soaring innovations,
the next-generation of breast implants are highly sought after due to their
lightweight nature as compared to the traditional breast implants.
Disposable income is a primary factor creating a high demand for breast implants
globally. The primary customer base are women belonging to the higher strata. With
an increase in the disposable income of women, their purchasing power will rise and
aid the expanse of the market. The World Bank estimates that the global annual
disposable income per capita for women will increase at a CAGR of approximately 6%
in the next few years, propelling the global expansion of the aesthetic market.
Increased media exposure and pressure to meet social standards have pushed
women to undergo breast implant surgery in order to look appealing and thus
increased trade of the global market. The increase in reimbursement rates and the
availability of premium products for reconstructive procedures is expected to propel
the market growth during the forecast period. Increase in range of product portfolio,
the rising incidence of breast cancer is assisting the market’s growth. Due to
incidences such as early menarche, late natural menopause or no childbearing,
increases the levels of estrogen and progesterone thus increasing the risks of cancer.
Increasing awareness about the availability of restoration choices is speculated to
stimulate breast implants business growth.
However, expensive treatment costs along with other additional medications and
complications will limit breast implants industry growth over the forecast period. The
risk of infections and re-surgeries in case of error restrain the market’s growth.
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Breast Implant Market: Segmentation
By Product Type
• Silicone Breast Implants
• Saline Breast Implants
The silicone breast implants segment is expected to account for a significant share of
the market during the forecast period. The growth of the segment is attributed to
comparatively fewer complications, increased availability of expanded product line,
and premium-priced products.
By Shape
• Round Breast Implants
• Anatomical Breast Implants
Round breast implants market held the largest revenue share previously given the
availability of these implants in a wide range of diameters which permits greater
flexibility. Aforementioned features will drive the demand for round breast implants
in the foreseeable future.
Anatomical breast implants market will grow at a robust CAGR during the forecast
period. These implants are also used for breast lift, restoration of lost breast volume
after breastfeeding and balancing asymmetries and the increasing application will
spur the product demand, thereby boosting the market growth.
By End-User
• Hospitals
• Cosmetology Clinics
Clinics end-user segment is highly valued given the increasing number of plastic
surgeons operating coupled with the growing number of private clinics. Clinics
conduct breast implant procedures in a shorter duration that should drive the
demand for such procedures in these settings. Additionally, the availability of skilled
resources and advanced products will increase breast implantation procedures at
clinics and thereby impel clinics segment size in the forthcoming period. Hospitals as
an end-user segment will witness lucrative growth at robust CAGR over the forecast
timeframe. Hospitals are much larger as compared to clinics and ambulatory surgical
centres as well as have a well-organized medical, nursing and other healthcare
professional staff. Hence, greater safety and care provided in hospitals will further
boost the influx of patients for breast implantation procedures in hospitals over the
coming years.
By Region
• Europe
• North America
• APAC
• Latin America
• Rest of World
The North America breast implant market is accounted for the major market share
due to the growing trend of undergoing breast augmentation procedures for breast
enhancement. Rising adoption of innovative products, sophisticated healthcare
infrastructure and growing awareness about breast implants should boost U.S. breast
implants industry growth over the projected timeframe. The market size in Asia
Pacific will witness significant growth at high CAGR due to the presence of strong
beach culture and openness regarding plastic surgery. Rapidly improving healthcare
infrastructure along with a rising number of plastic surgeons should serve as a high
impacting factor for market growth.
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Competitive Landscape
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
Major firms in the global market are Allergan, Plc, Mentor Worldwide LLC, GC
Aesthetics plc, Sientra, Inc., Groupe Sebbin SAS, POLYTECH Health & Aesthetics
GmbH, Establishment Labs S.A., CEREPLAS, and Hans Biomed Co. Ltd.
FutureWise Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data points affecting market growth
Objectives of the Study
• To provide an exhaustive analysis on the global breast implant market by product
type, by shape, by end-user and by region
• To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East.
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
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Breast implants market to value over USD 2.4 Billion by 2029 end and register a CAGR of over 6% from 2019 to 2029. Mounting consciousness about physical appearance as well as technological advancements has helped the global breast implant market to grow. Breast implants are employed to augment the shape and size of breasts.